The chief executive of leasing company FleetPartners, Nick Johnson, has revealed to The Australian that his company has an initial public offering in its sights.Johnson told the newspaper that an IPO "would definitely happen in the next two years… We have no desire to shove it out at below what we think it is worth. There is no pressure from the shareholders to sell it."My assumption is that it will definitely happen in the next two years. And an IPO is what we will plan for. At this stage, in terms of trade buyers, I don't know where they are going to come from.FleetPartners reported a pre-tax profit of A$40.5 million in the year to September 2012, a rise of 10 per cent.A tax credit helped inflate net profit to $62 million.The financial assets of FleetPartners were $415 million, while property (mainly vehicles) stood at $637 million.The Australian Equipment Lessors Association estimates the volume of general equipment finance in 2011/12 was $39.3 billion. Fleet leasing was worth $4.5 billion, an increase of 15 per cent over 2010/11. The AELA put total receivables at the end of June 2012 at $92 billion.